Shipowners seek allocation


MASA chairman Datuk Abdul Hak Md Amin (pic) acknowledges that the needs of each industry must be studied further particularly with regard to division of the allocation.

PETALING JAYA: Malaysia Shipowners’ Association (MASA) has called for immediate disbursement of the RM3.7bil allocation in Budget 2021 upon approval for the Maritime Development and Logistics Scheme to revitalise and revive the shipping industry.

It deems the allocation for the scheme alongside the Sustainable Development Financing Scheme and Tourism Infrastructure Scheme as well as the Public Transport Fund as the answer to MASA’s Budget 2021 wishlist.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

CIMB boosts customer protection with new biometric authentication in Octo App
IJM tumbles 5%, short selling suspended amid MACC probe
China set to keep rates steady for eighth month, some traders wager on Q1 easing
Gold, silver hit record highs as Trump-Greenland row sparks safety rally
Aeroline-Corus KLCC agreement ceases with hotel closure
Rupiah flirts with record lows on fiscal concerns, trade war risks
Asia's growing economic power shapes global derivatives market
Stocks, dollar take tariff hit; gold gets safety bid
Malaysian economy to stay resilient in 2026 on FDI, robust infrastructure investment- HSBC�
FBM KLCI slips as traders turn cautious on growing geopolitical tension

Others Also Read